SeeBITDAOklahoma

Mike Marrs Auto Sales LLC

  • 301 12TH AVE, Norman, OK
  • Since 2010
Estimated valueMedium confidence
$146K
$88Klikely range$228K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.3M
a year
Profit (EBITDA)
$73K
5% of revenue
Employees
1
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $146K

Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.

1 employees × $958K each$958K
PPP payroll ÷ payroll's usual share of revenue$1.9M
Revenue$1.3M
× 5% profit margin$73K
× 2 sale multiple = value$146K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 16 years (since 2010)

From public records and the company's website, not a statement that it's for sale.

What they do

Mike Marrs Auto Sales is a family owned car dealer in Norman, OK that sells used cars and offers financing for all credit types. It also services any vehicle it sells through its service facility.

Products & services
Used cars for saleSpecial FinancingCar loans
Markets served
Used cars
Service area
Norman, OKBlanchardNewallaNewcastleNobleNormanOklahoma CityWashington

From the company's website. Industry: Car dealers.

Estimated value over time

▲ 20% since 2020
$0$84K$168K20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MIKE MARRS AUTO SALES LLC
this business
$1.3M$73K—
Womack Auto Sales
Norman
$9.1M$402K1.0 mi
TRUCKS DIRECT LLC
Norman · 1 employees
$958K$58K1.1 mi
FUNDERBURK LLC
Norman · 2 employees
$1.7M$92K1.1 mi
Preferred Auto Sales
Norman
$9.1M$402K1.2 mi
M&H INTERNATIONAL INC
Norman · 3 employees
$2.9M$143K1.4 mi
Carl Cape Auto Sales
Norman
$9.1M$402K1.9 mi

The full calculation

Employees reported to the SBA1
Revenue from headcount (employees × revenue per employee for companies this size)$958K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.9M
Estimate: the two combined (geometric mean)$1.3M
EBITDA margin (industry, adjusted for size)5%
EBITDA = revenue × margin$73K

Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 4% since 2020, both included above.

Estimated value = EBITDA × typical sale multiple$146K
Multiple for this size and industry2×
Value range$88K – $228K
Revenue range$1.0M – $1.7M
EBITDA range$55K – $95K
Industry (NAICS)Used Car Dealers (441120)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Advisors

  • BankingFirst United Bank and Trust CompanyPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

First United Bank and Trust Company
PPP 2020, PPP 2021
All 2,229 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$13K$13K1First United Bank and Trust Company
2/2/2021second$13K$13K1First United Bank and Trust Company

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Mike Marrs Auto Sales LLC

Mike Marrs Auto Sales LLC is a car dealers company in Norman, Oklahoma, in business since 2010. Its estimated annual revenue is about $1.3M, with roughly $73K of EBITDA. It has about 1 employees. Its estimated business value is $146K (likely range $88K–$228K).

Common questions

Who owns Mike Marrs Auto Sales LLC?
The owner of Mike Marrs Auto Sales LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Mike Marrs Auto Sales LLC make?
SeeBITDA estimates Mike Marrs Auto Sales LLC's annual revenue at about $1.3M (likely between $1.0M and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Mike Marrs Auto Sales LLC worth?
About $146K, roughly 2× its estimated EBITDA of $73K, typical for a car dealers company its size. Likely range: $88K–$228K.
How many employees does Mike Marrs Auto Sales LLC have?
About 1, as reported on its PPP loan.
When was Mike Marrs Auto Sales LLC founded?
Mike Marrs Auto Sales LLC has been in business since 2010.